Abraão Guimarães Tembe


Status: Paying Back

$675.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Abraão Guimarães Tembe
Location: Boane, Maputo, Mozambique
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $675.00
Loan Use: Purchase construction material
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 29, 2009
Date Disbursed: Apr 25, 2009
Date Funded:May 30, 2009

About the Country

Country:Mozambique
Avg Annual Income:$1,389.00
Currency:Mozambique Meticais (MZN)
Exchange Rate:27.1500 MZN = 1 USD



Abraão Guimarães Tembe is a native of Catembe, an urban district in the city of Maputo. He is 52 years old and married. He supports only his three children, and his younger children are in school.


Abraão studied through 12th grade and stopped due to lack of financial resources to pay for expenses. Before his marriage, he had only completed 4th grade, and afterwards he attended night school through this level. With his children in school, resources were overcome by other needs and he stopped studying, giving priority to his children.


Abraão is requesting a loan for the second time from Hluvuku, and for the first time from Kiva. He plans to buy construction material. He has been a teacher for over 20 years with a monthly salary of 6000 meticais.

Translated from Portuguese by N Aviva, Kiva Volunteer


Abraão Guimarães Tembe é natural de Catembe um distrito urbano da cidade de Maputo, tem 52 anos de idade, casado. Apenas sustenta três crianças e são estudantes são seus filhos menores.

Abraão estudou até 12ªclasse e parou por falta de capacidade financeira para custear as despesas uma vez que até ao seu casamento só tinha feito 4ªclasse e pois este voltou a estudar cursos nocturnos até este nível, com os filhos a estudar as capacidades fora superadas pelas necessidades e dai deixou de estudar dando prioridade aos filhos.

Abraao solicita empréstimo pela segunda vez na Hluvuku e primeira no Kiva com qual pretende comprar material de construção, abara é docente a mais de 20 anos, tendo salário mensal de 6000,00mt.



About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Abraão Guimarães Tembe


Loan has been disbursed
 
Entrepreneur: Abraão Guimarães Tembe
Location: Boane, Maputo, Mozambique

Thank you for your loan. It has been disbursed to Abraão Guimarães Tembe by Hluvuku-Adsema in Mozambique. We are excited to watch this business grow. Over the 15 months of this loan, Hluvuku-Adsema will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Boane, Maputo, Mozambique
May 31, 2009
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Kiva Help Repayment Schedule for Abraão Guimarães Tembe

  Expected Repayments Actual Repayments Comments
July 2009 $30.66 $30.66 Repayment Received
August 2009 $31.92 $31.92 Repayment Received
September 2009 $33.23 $33.23 Repayment Received
October 2009 $34.60 $34.60 Repayment Received
November 2009 $36.02 $43.85 Repayment Received
December 2009 $37.50 Available Dec 1  
January 2010 $39.04 Available Jan 1  
February 2010 $40.64 Available Feb 1  
March 2010 $42.31 Available Mar 1  
April 2010 $44.05 Available Apr 1  
May 2010 $45.86 Available May 1  
June 2010 $47.75 Available Jun 1  
July 2010 $49.71 Available Jul 1  
August 2010 $51.75 Available Aug 1  
September 2010 $53.88 Available Sep 1  
October 2010 $56.08 Available Oct 1